Reuters UK Business

By Nell Mackenzie LONDON (Reuters) -Investors plan to increase their hedge fund exposure to prefer Europe and Asia over the U.S. for the first time since 2023 as wealthy financiers diversify away from the United States, a BNP Paribas survey sent to clients on Thursday showed. Heightened U.S. policy uncertainty and tariffs have prompted investors …

Hedge funds in Europe gain favour as investors steer away from US, says BNP Paribas Read More »

By Medha Singh and Sukriti Gupta (Reuters) -Europe’s STOXX 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and AI chip leader Nvidia. The pan-European STOXX 600 ended 0.2% lower, reversing gains from earlier in the session. Regional bourses were mixed. “What we’re seeing is just some …

Europe’s STOXX 600 closes lower; investors assess Pernod Ricard, Nvidia earnings Read More »

By Matthias Inverardi and Sabine Siebold BERLIN (Reuters) -European defence giant Rheinmetall has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on Wednesday, as the Duesseldorf-based firm looks to expand into the naval business. According to the Bild newspaper, which first reported Rheinmetall’s plans, the supervisory board intends to …

Rheinmetall signals interest in taking over German shipbuilder NVL, say sources Read More »

(Reuters) -London equities ended lower for a third consecutive session on Thursday, with utilities and technology shares dragging on the main indexes, as investors assessed chip giant Nvidia’s results. The blue-chip FTSE 100 finished 0.4% lower, while the domestically focussed midcap index shed 0.3%. The FTSE 100 had touched a record high last week when …

UK stocks close lower as tech, utility shares drag Read More »

BERLIN (Reuters) -BMW chief executive Oliver Zipse expects a reordering of the car industry in the coming years, warning in an interview on Thursday that the sector cannot afford mistakes, as the company bets heavily on its revamped electric vehicle offering. “There will be a selection process in our industry,” Zipse told the Spiegel news …

BMW CEO says ‘can’t afford mistakes’ ahead of fully electric launch Read More »

(Reuters) -Diageo will shut one of its Crown Royal whisky bottling facilities in Ontario, Canada by February 2026, as part of efforts to improve North American supply chain, the world’s largest spirits maker said on Thursday. The London-based company said its strategy is to shift some of its bottling volume closer to U.S. customers. Diageo did …

Spirits maker Diageo to close Ontario bottling plant by February 2026 Read More »